Prime Minister Justin Trudeau and his trade and industry ministers say Canada is investigating the notion of hiking tariffs on imported electric vehicles from China. Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border.
Canada currently imposes a six per cent tariff on Chinese-made vehicles, but the cars do qualify for up to $5,000 in federal rebates for EV purchases. The effort is in large part an attempt to keep China from making a dent in North America's storied auto industry. The sector accounts for almost five per cent of the U.S. economy and more than two per cent in Canada.
The U.S. wants about one-third of its new vehicle sales to be electric by 2032 but unlike Canada hasn't mandated it.Kingston said currently, Canada's industrial policy is out of line with the U.S. on a number of fronts, including the EV sales mandate, which he wants to see end. But he said Canada's industrial strategy at the moment has no concern for where EVs are made.
Kingston said Canada should consider its own anti-dumping investigation of China's EV subsidy practices ahead of the arrival of Chinese EVs in the Canadian market. The Indianapolis 500 started Sunday after a rain delay of four hours with NASCAR star Kyle Larson still at the track and in the race.An unknown Newfoundland soldier, who fought and died on the battlefields in northeastern France during the First World War, is back home this weekend for the first time in more than a hundred years.
Luciano Benetton says he's stepping down as chairman of family-run brand as losses top US$100 million A man from New York state has been charged after a flying wheel crashed into a coach bus on the QEW in St. Catharines last week killing one person and injuring three others, says the OPP.A year has passed since two-year-old Vienna Irwin was found on the property of a home-based daycare in small-town Ontario, but her family says they are no closer to answers of what happened that day.2 died in plane crash near Squamish, B.C.
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